See below image for the Business start up planning diagram. To help you with your plan, we created the checklist you need to fire up your start-up engines and fuel your entrepreneurial efforts into the future. 1. Plan: Choose a name, location, and blueprint for success Starting a business begins with answering three questions: Who are you? Where will you work? And how will you make money?
Writing a formal plan increases your chances of success by 16%. Having a business plan also gives you a better chance of raising capital for your startup company. No banks or investors will give you a dollar if you don’t have a solid business plan.
This startup business plan template contains the essential components you need to convey your business idea and strategy to investors and stakeholders, but you can customize this template to fit your needs.